Prediction market litigation will again dominate the week, with hearings scheduled in Michigan and Utah and several major filing deadlines approaching. Several key prediction market cases return to court this…
The World Cup is in full swing, prediction market competition thickens, New York sportsbooks take a loss, and a massive jackpot is unveiled for a new NFL survivor contest. While…
New research from one of Britain’s biggest betting groups describes an organized, commercially sophisticated illegal gambling ecosystem operating across mainstream social media platforms. One of the U.K.’s biggest sports betting…
Michigan dealt a setback to Polymarket and Robinhood, Kentucky escalated its fight against prediction markets, and a wave of new launches and partnerships underscored continued industry growth. This week brought…
The lawsuits accuse Kalshi and Polymarket of operating unlicensed sportsbooks and target VGW’s sweepstakes casino brands, including Chumba Casino and LuckyLand Slots. Kentucky Attorney General Russell Coleman filed three lawsuits…
The lawsuit seeks damages for wagers allegedly accepted on Cayuga reservation land and relies in part on the recent Ho-Chunk v. Kalshi ruling. New York’s Cayuga Nation has sued Caesars…
The Big 12 sued Texas Attorney General Ken Paxton and Texas Tech in federal court Sunday, asking a judge to confirm it can punish the school for fielding quarterback Brendan…
The World Cup kicks off, the CFTC addresses a prediction markets problem, longshot bettors cash in on the Knicks, and DraftKings and FanDuel end up on different sides of this…
The investment bank says the U.S. market remains too small to materially affect global World Cup wagering forecasts despite expanded legal sports betting access. Additional analysis from Macquarie suggests that…
World Cup trading volume continues to climb, the U.S. Open gets underway, and courts face new prediction market briefing deadlines in Wisconsin and Tennessee. Prediction markets remain at the center…